Carl Data Launches Machine Learning Application at Largest North American Water Tech Conference
CSE:CRL
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VANCOUVER, Oct. 3, 2018 /PRNewswire/ - Carl Data Solutions Inc. (CSE:CRL, FSE:7C5, OTC:CDTAF) ("Carl Data" or the "Company") is excited to announce the official launch of a ground-breaking application for the wastewater management industry. Infinitii I&I uses machine learning to provide on-going, real-time analysis of sewer systems, something never available before. Carl Data's FlowWorks team are exhibiting at WEFTEC, to share Infinitii I&I with over 20,000 engineers and wastewater professionals.
Infinitii I&I is already being piloted by several municipalities to help them understand when and where groundwater and stormwater are entering their sewer systems. Instead of spending tens of thousands of dollars on an engineering report to understand retroactively why and where problems like flooding occurred, city operations teams can access in-futdepth analysis in real-time during wet weather events.
"Managing urban wet weather has become, and is likely to remain, one of the most important challenges facing municipalities and utilities. Understanding the wet weather response of a collection system is foundational to effective management," said Kevin Marsh, FlowWorks VP of Sales. "We are keenly aware of how municipalities and utilities purchase services like Infinitii I&I and have created a Pilot-to-Scale purchase process that will be extremely compelling to them."
"With several pilots nearing completion and moving into full deployment, we should be seeing contracts that lead to significant increases in our revenue in the near future," commented Greg Johnston, Carl Data CEO.
FlowWorks will also be hosting an informational Infinitii I&I Webinar on October 17th, 12:00 CDT.
About FlowWorks
FlowWorks is a powerful Software-as-a-Service ("SaaS")-based application for collecting, monitoring and analyzing all types of environmental data. FlowWorks is flexible, affordable and easy-to-use compared to competing software packages. The FlowWorks Application has the unique ability to collect data from all types of monitoring equipment, gauges and sensor hardware, SCADA systems and other sources of public and private data to merge the information into a single platform to perform comprehensive analytics and reporting, saving time and money for the end user. More information on the FlowWorks Application can be found at www.FlowWorks.com.
About Carl Data Solutions Inc.
Carl Data Solutions Inc. is an Industrial IoT (IIoT) company focused on providing next generation information collection, storage and analytics solutions for data-centric companies. Building on its recent acquisitions, Carl helps its clients analyze and understand all forms of environmental data through a powerful platform of data collection, monitoring, reporting, and predictive analysis tools.
Carl Data continues to develop applications to work with new cloud-based mass storage services and analytics tools (Big-Data-as-a-Service (BDaaS) to provide scalability for municipalities, utilities and other industrial verticals. These data collection and storage methods allow the company to build smart Software-as-a-Service (SaaS)-based applications that can collect data from many diverse sources and provide deep insight for decision-making purposes. More information can be found at www.CarlSolutions.com.
On behalf of the Board of Directors:
Greg Johnston
President, Chief Executive Officer, Director
Carl Data Solutions Inc.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking statements in this press release include, but are not limited to, the statement that the Company should be seeing contracts that lead to significant increases in the Company's revenue in the near future,
Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, without limitation, risks with respect to: that the Infinitii I&I application will not perform as expected and may not achieve the expected results; that municipalities will not purchase the Infinitii I&I application as anticipated; the ability of the Company to establish a market for its services; competitive conditions in the industry; general economic conditions in Canada and globally; the inability to secure additional financing; competition for, among other things, capital and skilled personnel; potential delays or changes in plans with respect to deployment of services or capital expenditures; possibility that government policies or laws may change; technological change; risks related to the Company's competition; the Company's not adequately protecting its intellectual property; interruption or failure of information technology systems; and regulatory risks relating to the Company's business, financings and strategic acquisitions. Any forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
SOURCE Carl Data Solutions Inc.
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